6 December 2024 – It has come to our attention thatsome companies in our countries (most recently from Hungary and Slovakia) have received unauthorised fraudulent emails falsely claiming to originate from Kinstellar. This appears to be part of an illegal scam (fraudulent impersonation) campaign. We assure you that these fraudulent emails did not come from our official Kinstellar domain and have nothing to do with our Firm. Our IT and Risk & Compliance teams are giving this matter their highest priority and are actively investigating the issue. We are bringing this matter to the relevant authorities. Importantly, this illegal scam campaign appears to have been sent from various email
Kinstellar is proud to announce that it has advised Mpac Group, a leading UK-based company specializing in packaging automation, on the cross-border acquisition of the CSi Palletising group, a leading provider of end-of-line automation and palletising solutions. The EUR 56 million deal includes the indirect acquisition of two Romanian subsidiaries, CSI Romania and Alpha Las, and is aligned with Mpac Group's strategy to enhance its delivery of comprehensive automation solutions while integrating specialized manufacturing expertise into its global supply chain. Kinstellar's legal team delivered comprehensive support on all Romanian law aspects of the transaction, with Osborne Clarke acting as lead counsel. Kinstellar
Kinstellar assisted United Energy Group (UEG)'s internal legal team to successfully complete the acquisition of Green Profit EOOD, a developer of a photovoltaic (PV) project under construction. The Simeonovgrad-Polyanovo PV project, located in southern Bulgaria, has a forecasted capacity of 250 MW. The acquisition, which was finalised on 15 November 2024, marks a significant expansion for UEG, a Hong Kong-based producer of traditional and renewable energy. The team that advised UEG throughout the completion of the project was led by Nina Tsifudina (Partner) and Atanas Mihaylov (Counsel) and included Mladen Minev (Counsel), Simeon Vachev and Nikolay Gergov (Senior Associates).
Kinstellar is delighted to announce that Sinan Diniz, a highly regarded competition law expert, has joined our associated law firm in Turkey, KST Law, as a Partner. Sinan was previously the co-head of the Competition practice in Esin Attorney Partnership, a member firm of Baker McKenzie, where he managed one of the leading competition law practices in the country. Sinan has more than 10 years of competition law experience and assists clients with all aspects of Turkish competition law including merger control, antitrust investigations, exemption filings, and daily compliance queries. His expertise extends to administrative and private litigation, designing competition law compliance programs, and delivering bespoke
The National Bank of Ukraine published amendments to currency restrictions that were introduced in February 2022 at the start of the full-scale Russian invasion. The changes relate to payments under international technical assistance projects, transfers for the import of goods, dividend payments, and lending for the purchase of foreign currency-denominated government bonds. While the first two categories involve the easing of restrictions, dividend payments and lending for purchasing foreign currency-denominated government bonds are now subject to stricter regulation.Click on one of the images below or use the following links to read our overview in English or in Ukrainian. Download
Kinstellar has advised Eleven Ventures, a pioneer in early-stage investing in Central and Eastern Europe, on the investment in Cloud Office, a leading Google Cloud Partner serving 650+ customers across EMEA, with a team of 60+ engineers, through subscription of preference shares and convertible debt instrument. One of Eleven's largest investments in a Bulgarian company to date, the funds will support Cloud Office's expansion into Greece. The team was led by Nina Tsifudina (Partner) and included Georgi Kanev (Managing Associate), Nikolay Gergov (Senior Associate), Simona Damyanova (Junior Associate).
With the support of the Embassy of Ukraine in the UK, Kinstellar was proud to partner with Stephen Butler and his team at Strategy Council to host the UK-Ukraine Defence Tech Forum, themed "Financing Ukraine's Victory: Access to Capital and Scaling Defence Technologies" at the prestigious Royal United Services Institute in London on 8 November. Purpose Following on from the success of the previous drone-themed defence forum held in May, the UK-Ukraine Defence Tech Forum reconvened to promote investment by venture capital firms in Ukrainian miltech innovators. Ukrainian tech firms, UK and international VCs, and the governments of the UK and Ukraine exchanged views and experiences on the evolving role
Orion CZ s.r.o., se sídlem Na příkopě 1096/19, Staré Město, 110 00 Praha 1, IČO: 27121810, zapsaná v obchodním rejstříku vedeném Městským soudem v Praze, oddíl C, vložka 173446 (dále jen "Zanikající společnost" nebo "Orion CZ s.r.o.") a Kinstellar, s.r.o., advokátní kancelář, se sídlem Na příkopě 1096/19, Staré Město, 110 00 Praha 1, IČO: 26423782, společnost zapsaná v obchodním rejstříku vedeném Městským soudem v Praze, oddíl C, vložka 146391 (dále jen "Nástupnická společnost" nebo "Kinstellar, s.r.o., advokátní kancelář") (Zanikající společnost a Nástupnická společnost dohromady také jako "Zúčastněné společnosti" nebo "osoby zúčastněné
The Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD") required EU member states to complete its transposition by 6 July 2024. However, uneven implementation led the EU Commission to initiate infringement proceedings against 17 member states, including the Czech Republic and Romania, on 26 September 2024, citing their failure to fully communicate the necessary transposition measures. These states now face a two-month deadline to finalise the process and respond to the formal notice. While the CSRD's transposition is nearing completion, attention is turning to the Corporate Sustainability Due Diligence Directive (EU) 2024/1760 (the "CSDDD"), an equally significant piece of legislation.
Kinstellar acts as trusted legal counsel to leading investors across Emerging Europe and Central Asia. Our reputation for quality, excellence and integrity speaks for itself.
With offices in eleven jurisdictions and over 300 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.
Our clients include leading international and regional corporations, banks and other financial institutions, state bodies, multi-lateral institutions, and international law firms with clients that require top-quality legal counsel in our jurisdictions. We handle the most important and complex assignments for clients across diverse industries and business sectors.
*2022 rankings in core practice areas in international legal directories (Chambers & Partners, Legal 500, IFLR1000)
With expert local knowledge and a track record at the international level, our lawyers provide top-tier advice and client service in Emerging Europe and Central Asia.
Our Team📢 🇹🇷 We are delighted to announce that Sinan Diniz, a renowned #competition law expert, has joined our #Istanbul office, as Partner. 🎉 Previously co-head of the Competition practice at Esin Attorney Partnership, a member of Baker McKenzie, Sinan brings over a decade of experience in Turkish competition law. 🌟 Sinan’s expertise spans #merger control, #antitrust investigations, exemption filings, and #compliance programs. 👉His impressive track record includes advising on 75+ merger control filings, managing Phase II #investigations, and representing clients in high-stakes antitrust cases across industries such as #digital platforms, #automotive, #telecommunications, and #pharmaceuticals. 🏆 His recognition as a ''Rising Star'' for Competition Law by Legal 500 since 2019 highlights his excellence in the field. Sinan’s addition significantly enhances our competition law capabilities in Turkey. Please join us in welcoming him to the team! 🙌 🔗 https://lnkd.in/dbj5rwui #exceptionaltogether #LeadingLawyers #LeadingLawFirm #Kinstellar #KSTLaw #CompetitionLaw #MergerControl #Antitrust #LegalExcellence #Turkey #Compliance
It was an honor to participate as partners and speaker in the panel „The Class of 2025 ̶ Cracking the Code for the Year Ahead,“ where Victor Constantinescu, Managing Partner of our #Bucharest office and Co-Head of the firm-wide Real Estate sector, shared his insights on the emerging trends shaping real estate investments as we approach 2025.
🌟 Join us on 28 November 2024 at 3:00 PM CET for an exclusive webinar exploring key trends and challenges in the life sciences & healthcare sector across CEE! 🌍💡 📌 Topics include: 🔹 Evolving distribution models in Romania 🔹 EU pharma legislation changes 🔹 Serbia's emerging biotech scene 🔹 AI's impact on life sciences 🎙️ Speakers: Tomas Cihula, Luiza Bedros, Tijana Kovacevic, Eszter Takacsi-Nagy and Petr Bratský. 💻 Register now at #LifeSciences #Healthcare #CEE #Webinar #Kinstellar
📌 Join the Virtual Danube Joint KnowledgeNet meeting hosted by the INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS (“IAPP”) on the topic 📣 Interplay Between the DGA, the Data Act the GDPR and the Potential Effects of Data Altruism on AI Development. Lukas A. Mrazik, firmwide Co-Head of Data & Cybersecurity Law and the Chair of the Slovak IAPP KnowledgeNet Chapter, will 🎤speak at this upcoming seminar, which will be held online on 📅 3 December. The Data Governance Act (DGA), Data Act and the GDPR are pivotal EU regulations shaping how data is shared and managed, including in cutting-edge research contexts. They aim to ensure secure, transparent, and compliant data sharing while fostering collaboration and innovation. These frameworks impose important obligations and are crucial for both larger companies and SMEs to unlock the potential of data-driven research and advance knowledge in a responsible way. The speakers will discuss the relationships between these rules, share their insights and highlight potential issues that may arise. 📝The event is a special joint meeting with the Austrian, Slovak, Bulgarian, Croatian, Hungarian, Ukrainian, and Munich chapters of the IAPP—where the Danube river flows. Let us know if you are interested to attend this webinar or register here https://lnkd.in/epPnueVz #exceptionaltogether #intheknow
📢 🇸🇰 The Slovak government recently approved the proposed measures of the Ministry of Interior entitled "Systemic solution for the safety of persons in primary and secondary school facilities and in other high-risk facilities with public access", which local media have referred to as a project to introduce cameras 🎥 in schools. Several critical views have appeared in this context commenting on the planned measures from various perspectives. Lukas A. Mrazik (Managing Associate, Co-Head of Data & Cybersecurity) and Tomas Vick (Senior Associate) at Kinstellar’s Bratislava office provide a closer look 🎯 at the potential implementation of artificial intelligence (“AI”) in this respect and its compliance with the AI Act. 🔗 https://lnkd.in/ewP9G6ae #exceptionaltogether #AI #intheknow
🌟 🇭🇺 We are delighted to announce the launch of the 𝐓𝐌𝐓 𝐅𝐨𝐫𝐮𝐦, a series of thought-provoking events exploring current trends and challenges in #Technology, #Media, #Telecommunications, #Data Privacy, #IP, and #AI. 💡 Join us on 📅 Tuesday, 10 December, 🕘 from 9 am, 📍 in our Budapest office, for a roundtable discussion with leading experts and stakeholders to tackle critical questions about fostering innovation while safeguarding privacy in an #AI-driven world. 📧 Register by emailing your name, company and position to: . 👉 The number of available spots is limited, and a confirmation will be sent upon successful registration. Speakers: 🔑 Opening Remarks & Moderator: Tímea Bana LL.M, #Partner, Head of Technology, Media & Telecommunications, Kinstellar's #Budapest office 🎙️ Guest of Honour: Péterfalvi Attila, PhD, President of the Hungarian Data Protection Authority 📢 Panellists: Nicolas de Bouville, AI and Privacy Policy Manager, #Meta Judit Firniksz PhD, LL.M, #4iG Nyrt. Éva Derzsényi, Head of Public Policy and International Relations at #IVSZ - Digital Association of Hungary 💬 The event will held in #Hungarian and #English. We look forward to connecting with you at our event. 🙌 🖥️ Stay tuned for further details! #intheknow #TMTForum #Innovation #dataprivacy #dataprivacyandAI #DPAs
📢 🇷🇴 We are excited to announce that our #employment law experts will be participating in the People #Empowering Business Forum and #Awards, organised by The Diplomat Bucharest, on 📅 26 November, starting at 🕓 4 pm. 🎤 During the 𝐊𝐢𝐧𝐬𝐭𝐞𝐥𝐥𝐚𝐫 𝐒𝐦𝐚𝐥𝐥 𝐓𝐚𝐥𝐤𝐬 panel, Remus Codreanu (Partner), Lidia Zarnescu (Managing Associate) and Andrada Popescu (Senior Associate), will dive into key #workplace topics, including: 📋 Navigating #firings and ensuring #compliance with best practices; 🤝Tackling harassment and #discrimination in the workplace; 🧘♂️ Promoting work-life balance in an ever-evolving professional landscape. Looking forward to seeing you there! #exceptionaltogether #EmploymentLaw #HRCompliance #WorkplaceWellbeing #WorkplaceEthics #WorkplaceCulture #LegalInsights #LeadershipDevelopment #WorkplaceBestPractices #HumanResources #Kinstellar #BusinessForum #EmploymentLawyers #ProfessionalGrowth #WorkplaceChallenges #DiversityAndInclusion #WorkLifeBalance
🎉 Congratulations to our #Bratislava office for 🏆 winning the category “Best Real Estate Law Firm” at the 2024 CIJ Awards Slovakia! The CIJ Awards Slovakia, organised by the Construction and Investment Journal, are the longest-running commercial property awards event in Slovakia, with winners recognised by both an independent panel of top industry professionals and the readers of CIJ. 📌 The 2024 award ceremony took place in Bratislava on 20 November, where Kinstellar was recognised for its exceptional achievement in the legal real estate sector. We are pleased to stand out in the competition among strong local and international law firms 💪 and believe that this award is a testament to the capabilities of our dedicated #realestate team, confirming our long-term commitment to provide top-quality services for our clients in this sector. 👏Thanks to the organisers and congrats to winners of the other categories! #CIJAwards #Kinstellar #exceptionaltogether #winner
🇺🇦 Updates to Currency Restrictions in Ukraine On 19 November 2024, the National Bank of Ukraine announced key amendments to currency restrictions introduced in February 2022. 📌 What changed on 20 November 2024? ✅ Easing restrictions for ITA project settlements ✅ Simplified import payments with foreign export credit agencies or state involvement 🔒 Stricter rules for dividend payments to ‘new’ companies and shareholders 🔒 Prohibition on lending for foreign currency-denominated government bonds 💡 Need clarity on how these changes affect your business? For expert guidance on cross-border currency transactions under martial law in Ukraine, reach out to: Illya Muchnyk, Partner, Head of the Banking and Finance service line in Ukraine and firmwide Head of the FinTech Sector Oleksandra Poliakova , Managing Associate 🔗 Read the full version here 👇 https://lnkd.in/dW5nRvZM #Ukraine #CurrencyRegulations #BankingAndFinance #FinTech #CrossBorderPayments #MartialLaw #Kinstellar